cheshire911
Portimao
- Joined
- 10 Jun 2012
- Messages
- 4,030
Probably more accurate than inaccurate in summing up values. Investment cases are often based on ticket prices in ads. But if you have one to offload, the surprise comes when you go touting around specialists on values for your car versus another - a huge deflationary experience for many.
Offset that offer (value) versus what you have spent - this is a high maintenance car if its to be kept in tip-top shape. You might break even with a tail wind if you bought in the last 3-4 years.
Any decent Porsche specialist will put your proposed part-ex up for an inspection and find work he needs to do to prep it prior to sale. He's just softening you up for the next line - "its a great car. BUT, it needs some spend prior to sale and for me to assure a purchaser with a warranty I'd have to factor that into what I'm prepared to offer you. (So I'll offer you 80% of what you think its worth)"
Just some examples of how he will devalue your car and lower your expectations:
- After-market Double Din unit - most people want a car with the original PCM even though its dated
- Needs a front respray for the stone chips and we send them away to Porsche-approved bodyshop
- After that, it needs a full machine polish and detail for which I have ot bring in an outside guy
- The wheels are OK but we like to refurb all of them to make the car immaculate on presentation
- It needs a major service and we'd have to put a fresh 12 months MOT on it
- Its a tidy car, but its a tiptronic and so many buyers want a manual car
- Its a manual car but may need a clutch soon
- The suspension is looking tired and will require a refresh with coffin arms and geometry as its done 80k miles and there is no evidence in the history when these were refreshed
etc.
So the simple answer to 997.1 turbo values? The answer is "less than you the current owner think"
Investment value? Probably too high a volume car to be a strong contender, but could be some inherent investment value which is lower than one initially is led to believe.
Offset that offer (value) versus what you have spent - this is a high maintenance car if its to be kept in tip-top shape. You might break even with a tail wind if you bought in the last 3-4 years.
Any decent Porsche specialist will put your proposed part-ex up for an inspection and find work he needs to do to prep it prior to sale. He's just softening you up for the next line - "its a great car. BUT, it needs some spend prior to sale and for me to assure a purchaser with a warranty I'd have to factor that into what I'm prepared to offer you. (So I'll offer you 80% of what you think its worth)"
Just some examples of how he will devalue your car and lower your expectations:
- After-market Double Din unit - most people want a car with the original PCM even though its dated
- Needs a front respray for the stone chips and we send them away to Porsche-approved bodyshop
- After that, it needs a full machine polish and detail for which I have ot bring in an outside guy
- The wheels are OK but we like to refurb all of them to make the car immaculate on presentation
- It needs a major service and we'd have to put a fresh 12 months MOT on it
- Its a tidy car, but its a tiptronic and so many buyers want a manual car
- Its a manual car but may need a clutch soon
- The suspension is looking tired and will require a refresh with coffin arms and geometry as its done 80k miles and there is no evidence in the history when these were refreshed
etc.
So the simple answer to 997.1 turbo values? The answer is "less than you the current owner think"
Investment value? Probably too high a volume car to be a strong contender, but could be some inherent investment value which is lower than one initially is led to believe.